Sun Red Capital Corporation (TSX VENTURE:SSQ.P) (the "Corporation") wishes to announce that the TSX Venture Exchange (the "Exchange") has granted its request for a six-month extension of the time within which it is required to complete a Qualifying Transaction. The deadline for such completion is therefore October 14, 2009. This relief has been granted in accordance with the Exchange's recently issued bulletin dated November 3, 2008, entitled Temporary Relief Measures amended by the Exchange Bulletin dated March 6, 2009.

ON BEHALF OF THE BOARD OF DIRECTORS OF SUN RED CAPITAL CORPORATION

Greg Hansen, Chief Financial Officer

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.